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How Factor Rates Affect Financing Your Business

How Factor Rates Affect Financing Your Business

by RidgestoneAdmin | Jan 1, 2020 | Small Business Loans

The interest lenders charge on some types of loans is called a factor rate-sometimes referred to as a money factor.  A factor rate is not to be confused with interest rates or an APR (annual percentage rate). In this article, we discuss what you need to know about...
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